Business
Completion of sale of Consumer Vehicle Finance
Secure Trust Bank PLC has completed the sale of its Consumer Vehicle Finance business to funds managed by LCM Partners, with no material changes from previous announcements. The Group will report its full-year results for the period ending 31 December 2025 on 12 March 2026, which will include an update on its strategic plans, capital allocation, and medium-term targets. Disclaimer*
About this update from Secure Trust Bank Plc
[{"type":"text","content":"\n\nPRESS RELEASE\nSecure Trust Bank PLC\n25 February 2026\nFor immediate release\n \nSECURE TRUST BANK PLC\n(\"STB\" or the \"Group\")\nCompletion of sale of Consumer Vehicle Finance business\n \nSTB, a leading specialist lender, confirms that further to the announcements made on 24 December 2025 and 5 February 2026, it has today completed the sale of the Consumer Vehicle Finance business (the \"Sale\") to funds managed by LCM Partners.\nThere have been no material changes to the matters contained in the previous announcements regarding the Sale.\nAs previously announced, the Group will report its results for the year ended 31 December 2025, together with an update on the Group's strategic plans, including its capital allocation strategy and updated medium‐term targets, on 12 March 2026.\nEnquiries:\nSecure Trust Bank PLC\nIan Corfield, Chief Executive Officer\nRachel Lawrence, Chief Financial Officer\nPhil Deakin, Strategy and Corporate Development Director\nTel: +44 (0)121 693 9100\n \nInvestec Bank plc (Joint Broker)\nChristopher Baird\nDavid Anderson\nMaria Gomez de Olea\nTel: +44 (0)20 7597 5970\n \nShore Capital Stockbrokers (Joint Broker)\nMark Percy / Sophie Collins (Corporate Advisory)\nOliver Jackson / Ansh Batura (Corporate Broking)\nTel: +44 (0)20 7408 4090\n \nCamarco\nGeoffrey Pelham-Lane, Amrith Uppuluri\[email protected]\nTel: +44 (0) 7733 124 226, +44 (0) 7763 083 058\nAbout STB\nSTB is an established, well‐funded and capitalised UK retail bank with a more than 70‐year trading track record. STB operates principally from its head office in Solihull, West Midlands. The Group's diversified lending portfolio currently focuses on two sectors:\n(i) Business Finance through its Real Estate Finance and Commercial Finance divisions; and\n(ii) Consumer Finance through its V12 Retail Finance division.\nSecure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.\nSecure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.\n\n","length":4558,"tagName":"div"}]